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Credit policy

Heritage updates credit policy
by Staff reporter • 11 Jan 2018
The Toowoomba-based bank has announced that it has updated its credit policy for some parts of the income verification... READ MORE
Financial, money, education

Broker to roll out finance education program for athletes
by Reporter • 11 Jan 2018
A former professional cyclist turned broker is planning to roll out a new program that will provide financial education... READ MORE
Arrested broker

Man arrested after allegedly posing as broker
by Reporter • 11 Jan 2018
A Victorian man that had failed to appear in court for allegedly posing as an insurance representative or broker has... READ MORE
new guidance on mortgage reporting

Regulator releases new guidance on mortgage reporting
by Reporter • 11 Jan 2018
Following industry consultation, APRA has issued updated guidance on how banks should report their residential... READ MORE
Industry veteran questions compliance of ‘robo’ brokers

Industry veteran questions compliance of ‘robo’ brokers
by James Mitchell • 10 Jan 2018
One mortgage industry veteran has questioned online broking models and warned players operating in the space to ensure... READ MORE
Mortgage pricing

ACCC report into mortgage pricing includes ‘some surprises’
by Reporter • 10 Jan 2018
The chairman of the Australian Competition and Consumer Commission has revealed that there will be some “surprises”... READ MORE
Aussie Home Loans

Aussie Home Loans in logo dispute with political party
by Reporter • 10 Jan 2018
A political party has come under fire from Aussie Home Loans after using a branding similar to that of the brokerage,... READ MORE
continues to fall, arrow down

Fixed rate demand continues to fall
by Staff Reporter • 9 Jan 2018
The latest national home loan approval data from Mortgage Choice has found that the demand for fixed rate home loans... READ MORE
Leave, lose, general manager

Aggregator GM made redundant; top brokers jump ship
by James Mitchell • 9 Jan 2018
Boutique aggregator eChoice has said goodbye to its general manager of aggregation, Blake Buchanan, and is losing a... READ MORE
piggy bank financial literacy education rise high financial solutions

Broker calls for improved financial literacy education
by Reporter • 9 Jan 2018
An SA-based broker has said that she is “concerned” with the level of financial literacy in Australia and has... READ MORE

Opinion: Why 2018 will be a big year for brokers
by James Mitchell • 8 Jan 2018
Regulation, cooling property prices and ongoing lending changes may seem like a burden, but they all have a silver... READ MORE

Cooling property ‘good news for APRA’
by James Mitchell • 5 Jan 2018
A leading economist has explained how a slowdown in the Sydney and Melbourne property markets will shape the decisions... READ MORE

‘Broking is not a 9-to-5 job’
by James Mitchell • 5 Jan 2018
Yellow Brick Road principal Effie Nicol shares her views on running a mortgage business and how she made the leap from... READ MORE

Major bank changes broker commission model
by James Mitchell • 5 Jan 2018
A big four bank has advised mortgage brokers that its upfront commission structure will change from next month. READ MORE

New loan offers deposit-free mortgage to FHBs
by Reporter • 4 Jan 2018
A WA-based mortgage manager has introduced a new loan offering that aims to ease the housing affordability burden for... READ MORE

The key to financial wellness
by James Mitchell • 4 Jan 2018
It’s possible to have a six-figure salary and still suffer from financial stress, but awareness is growing about the... READ MORE

Over half of Aussies are failing to save
by James Mitchell • 3 Jan 2018
More than 50 per cent of Australians have said that they fail to save at least 10 per cent of their salary from each... READ MORE

Mortgage stress to trigger rise in defaults, says analyst

by Reporter • 3 Jan 2018
Defaults are expected to rise this year amid new data which reveals that almost a million Australians are under... READ MORE

Brokers are also in the media business: Panos
by James Mitchell • 3 Jan 2018
Leading sales coach Tom Panos, who will speak at The Adviser’s Better Business Summit this year, believes that... READ MORE

FBAA strengthens team for 2018
by Staff Reporter • 2 Jan 2018
The Finance Brokers Association of Australia has announced the reappointment of all current board members and the... READ MORE

Major bank market share takes a hit
by Reporter • 2 Jan 2018
Fresh figures from a major aggregator have revealed that the third-party mortgage market share of Australia’s major... READ MORE

1 in 4 don’t believe home ownership is possible
by Staff Reporter • 2 Jan 2018
The latest MLC Quarterly Australian Wealth Behaviour Survey has found that the great Australian dream of home ownership... READ MORE
Retail expansion

Major brokerage banks on retail expansion
by James Mitchell • 2 Jan 2018
Mortgage Choice chief executive John Flavell believes that a strong retail presence is critical for the branded group... READ MORE
Financial goals for 2018

ASIC encourages Australians to set financial goals for 2018
by Staff reporter • 2 Jan 2018
The financial services regulator is encouraging Australians to start the new year by setting financial goals, listing... READ MORE
Predictions

Industry predicts what will happen in 2018

by Staff reporter • 2 Jan 2018
As we begin the new year, we asked several members of the industry to share their predictions on what they think will... READ MORE